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Tickers in this Article: GOL, UACL, ALGT, ALK, CEA, GMLP, GWR
The market is having a bad day so far: the Nasdaq has decreased 1.1%; the S&P 500 is trading down 0.6%; and the Dow is down 0.3%. The transportation sector is a category of stocks relating to the transportation of goods or customers. It is made up of airlines, railroads and trucking companies. The performance of the transportation sector is sensitive to the price of oil. Because operations revolve around the use of vehicles, fuel prices represent a significant cost to transportation companies. As the price of oil rises, transportation companies will be expected to earn less. Inversely, these companies do well when the cost of fuel decreases.

The Transportation sector (IYT) is currently ahead of the overall market, down only 0.4%, and its biggest movers are currently:
CompanyMarket CapPercentage Change
Gol Linhas Aereas Inteligentes SA (NYSE:GOL)$1.58 billion+10.9%
Universal Truckload Services (Nasdaq:UACL)$505.2 million+3.9%
Allegiant Travel (Nasdaq:ALGT)$1.49 billion-3%
Alaska Air Group (NYSE:ALK)$3.1 billion-1.5%
China Eastern Airlines Corp. Ltd (NYSE:CEA)$4.43 billion+1.4%
Golar LNG (Nasdaq:GMLP)$1.02 billion+1.1%
Genesee & Wyoming (NYSE:GWR)$3.57 billion-1%
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Gol Linhas Aereas Inteligentes SA (NYSE:GOL) rose a significant 10.9% to reach $6.46 per share. At 2.9 million shares, the company's volume so far today is 2.3 times its current daily average.

Universal Truckload Services (Nasdaq:UACL) has risen 3.9% to hit a current price of $17.48 per share. This morning, the company is trading a volume of 5,859 shares.

At $74.97, Allegiant Travel (Nasdaq:ALGT) has slipped 3%. The company's volume is currently 75,417 shares for the day, more than yesterday's 75,142 shares.

Slipping 1.5%, Alaska Air Group (NYSE:ALK) is currently trading at $43.50 per share. This morning, the company is trading a volume of 148,247 shares. This is 0.2 times its current three-month average.

After rising 1.4%, China Eastern Airlines Corp. Ltd (NYSE:CEA) is currently trading at a share price of $19.93. So far today, the company's volume is 14,340 shares, 0.3 times the average daily volume.

Golar LNG (Nasdaq:GMLP) has risen 1.1% and is currently trading at $29.59 per share. So far today, the company's volume is 15,677 shares.

Genesee & Wyoming (NYSE:GWR) is currently trading at a share price of $75.49, a 1% decline. At 55,034 shares, the company's volume so far today is on pace to finish the day below yesterday's volume of 137,786 shares.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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